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TokenInsight February report: BGB’s market value increased by 434%, making it the second largest platform token in terms of trading volume.

TokenInsight February report: BGB’s market value increased by 434%, making it the second largest platform token in terms of trading volume.

CointimeCointime2024/03/11 06:26
By:Cointime

According to Tokeninsight data on March 11th, as market trading enthusiasm increases after November 2023, the market value of platform coins has increased significantly. BGB and MX have the largest increase in market value, at 434% and 248% respectively. BNB's market value has also returned to near its highest point in the middle of last year.

In 2024, BGB continued its upward trend from last year, breaking the ATH price and rising above $1 for the first time on February 17th. BGB's daily trading volume has also risen to over $50 million. The highest daily trading volume occurred on February 18th, reaching $83 million. BGB's trading volume ratio is showing a clear upward trend and is currently the second largest platform coin in terms of trading volume. In terms of IEO, Bitget platform covers more popular tracks in the encrypted market, with an average ATH ROI of 23.1 times.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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